Business News
News
US Trade Deficit Widens to $105.6 Billion in August
US trade deficit widens to $105.6 billion in August as imports surge, with strong domestic demand and AI investment adding pressure on GDP growth.
Trump Expands Tax-Exempt Diesel Access as Prices Surge
Trump expands temporary access to tax-exempt dyed diesel as US fuel prices surge, directing federal agencies to provide tax and penalty relief.
Oil Prices Rise as Gulf Tensions Offset Strong Exports
Oil prices rise as Gulf security risks offset strong Middle East exports, with Brent near $100 and shipping disruptions keeping supply concerns high.
Sensex Nifty Open Higher Ahead of RBI Rate Decision
Sensex and Nifty open higher ahead of the RBI rate decision as lower crude prices, softer US rate expectations and global signals support sentiment.
AirBaltic Plans Up to 700 Job Cuts in Restructuring
AirBaltic plans to cut up to 700 jobs across Riga, Vilnius and Tallinn as its Chapter 11 restructuring targets debt, fleet and capacity reductions.
Schneider Electric to Buy PTC for $22.6 Billion
Schneider Electric will buy PTC for $22.6 billion, expanding industrial software, AI and data-centre capabilities while raising investor concerns.
Wall Street Set for Muted Open as Tech Stocks Ease
Wall Street heads for a muted open as tech stocks ease, Treasury yields stay high and investors weigh Fed policy, oil prices and earnings.
Sensex Nifty Open Higher After 25-Year Losing Streak
Sensex and Nifty open higher after their longest weekly decline in 25 years as softer US jobs data and lower crude prices boost market sentiment.
Oil Prices Slip as Middle East Exports Rise, G7 Acts
Oil prices slip as Middle East crude exports recover and G7 nations plan emergency reserve releases, while Gulf attacks keep Brent above $100.
Stocks Rise as Markets Cut October Fed Rate Hike Bets
Global stocks rise as weaker US jobs data cuts October Fed hike bets, while Treasury yields stay high and oil prices keep inflation risks elevated.
US Stocks Face Bond Yields, Midterms and Earnings Test
US stocks enter the fourth quarter near record highs as rising Treasury yields, Fed policy, earnings and midterm elections create fresh market risks.
OPEC+ Keeps November Oil Output Targets Steady
OPEC+ keeps November oil output targets unchanged as Iran war disruptions limit Gulf supply and delay decisions on 2027 production quotas.
G20 Trade Ministers Debate MFN Reform and Tariff Rules
G20 trade ministers discuss MFN reform, food trade coercion and excess capacity as the US pushes changes to global tariff rules.
Anup Bagchi HDFC Bank CEO Appointment Explained
Anup Bagchi's HDFC Bank CEO appointment highlights a wider trend of external leaders taking charge of India's major private-sector banks.
Nike Turnaround Plan Faces Investor Confidence Test
Nike's turnaround under CEO Elliott Hill faces deeper sales declines, job cuts and delayed savings as investors await signs of recovery.
Anthropic IPO Warns of Government Relations Risks
Anthropic’s IPO filing warns government actions and perceptions could hurt commercial customers, partners and investors despite limited government revenue.
Europe Weighs 50 Million Barrel Diesel Stock Release
Europe considers releasing 50 million barrels of diesel stocks after US pressure, as Middle East, Russia and China disrupt fuel supplies.
Oil Prices Hold Steady as Supply Signals Conflict
Oil prices hold near $102 as improving Middle East exports offset US-Iran tensions, China's fuel export halt and tighter diesel supplies.